JGBs slip on fall in US Treasuries


The IMF is pressing Japan to raise the sales tax rate to 10% in October 2015, while also voicing support for the Bank of Japan's (HQ in pix) epic monetary injection into the economy - Reuters Photo.

TOKYO: Japanese government bond (JGB) prices slipped on yesterday after US Treasuries extended their falls following a run of strong US economic data in recent weeks, though concerns about the Sino-US trade war underpinned the market.

Ten-year JGB futures fell 0.07 point to 150.20 while the 10-year benchmark cash JGB yield rose 0.5 basis point to 0.110%.

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